Vibe and WEX Announce Virtual Payments Agreement
February 15 2017 - 2:00AM
Business Wire
WEX and Vibe combine travel technology and
payments for a better supplier payment experience
WEX Inc. (NYSE: WEX), a leading provider of corporate
payment solutions, today announced a new agreement with Vibe
Systems Ltd. Vibe delivers advanced front and mid office technology
to travel businesses, such as online travel agencies, retail
agencies, travel management companies and consolidators. The
agreement allows a direct integration of WEX’s virtual debit,
prepaid and credit cards with either pre- or credit funding into
the Vibe platform which enables automated supplier payments in 24
currencies across the globe.
Ian Johnson, Commercial Director, Virtual Payments, WEX Europe,
said, “Our aim is to make our payment solutions available to the
travel industry, regardless of the systems they already use and
Vibe is helping us facilitate that. We like to take the complexity
and cost out of payments and ensure our customers have the best
experience when paying suppliers. Having an agreement with Vibe is
a great addition to our business and we’re looking forward to a
close cooperation for years to come.”
Martin Eade, Group E-Commerce Director, Vibe, said, “We are
delighted to offer our clients the ability to enable WEX payment
solutions on their Vibe online booking platform. Combining WEX’s
payment expertise with Vibe’s technology expertise is an exciting
prospect for our customers.”
Pioneered in 2000, WEX virtual payments are available in all
major international currencies and are used in over 190 countries
worldwide.
WEX and Vibe are exhibiting at the Travel Technology Europe
show, from February 22nd to 23rd 2017, in London Olympia. The WEX
stand is T300 and Vibe is on stand T320.
About WEX Inc.
WEX Inc. (NYSE: WEX) is a leading provider of corporate payment
solutions. From its roots in fleet card payments beginning in 1983,
WEX has expanded the scope of its business into a multi-channel
provider of corporate payment solutions representing more than 10
million vehicles and offering exceptional payment security and
control across a wide spectrum of business sectors. WEX serves a
global set of customers and partners through its operations around
the world, with offices in the United States, Australia, New
Zealand, Brazil, the United Kingdom, Italy, France, Germany,
Norway, and Singapore. WEX and its subsidiaries employ more than
2,500 associates. The Company has been publicly traded since 2005,
and is listed on the New York Stock Exchange under the ticker
symbol “WEX.” For more information, visit www.wexinc.com and follow
WEX on Twitter at @WEXIncNews.
About Vibe
Vibe Systems delivers advanced front and mid office technology
to OTAs, call centres and retail, consolidators, DMCs, tour
operators, airlines, airports, retail agencies, media travel, TMCs
and corporates.
Developed in 2007 by travel industry and software experts, Vibe
provides comprehensive booking engine solutions for the travel
industry, giving clients complete control over their travel
business and allowing them to significantly improve every aspect of
online operations.
With hundreds of new features added to the suite of products
each year, Vibe continues to deliver customer-focused, leading-edge
technology, and some of the best products in the market.
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version on businesswire.com: http://www.businesswire.com/news/home/20170214006486/en/
WEX EuropeRiina Sulonen, +44 (0) 7766 254
806riina.sulonen@wexeurope.comorJPW CommunicationsJamie Wortley,
+44 (0) 7877 589 910jamie@jpwcommunications.comorVibeLynne
Good, +44 (0) 1438 907000lynne.good@vibe.travel
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